CorSolutions to Begin Enrolling Beneficiaries in Landmark Medicare Demonstration to Validate Effectiveness of Disease Management.Business Editors & Health/Medical Writers BUFFALO GROVE Buffalo Grove A village of northeast Illinois, a suburb of Chicago. Population: 43,300. , Ill.--(BUSINESS WIRE)--May 31, 2002 CorSolutions Medical Inc., the nation's leading provider of health intelligence and solutions, has been awarded a Coordinated Care Demonstration Project by the Centers for Medicare Medicare, national health insurance program in the United States for persons aged 65 and over and the disabled. It was established in 1965 with passage of the Social Security Amendments and is now run by the Centers for Medicare and Medicaid Services. & Medicaid Medicaid, national health insurance program in the United States for low-income persons; established in 1965 with passage of the Social Security Amendments and now run by the Centers for Medicare and Medicaid Services. Services (CMS (1) See content management system and color management system. (2) (Conversational Monitor System) Software that provides interactive communications for IBM's VM operating system. ). The program will establish the value of integrated chronic care management for Medicare beneficiaries with heart failure. The Demonstration Project represents the first opportunity for traditional fee-for-service fee-for-ser·vice adj. Charging a fee for each service performed. Medicare recipients to have access to disease management. CorSolutions will begin identifying eligible participants from Houston, Texas “Houston” redirects here. For other uses, see Houston (disambiguation). Houston (pronounced /'hjuːstən/) is the largest city in the state of Texas and the in June 2002. Approximately 100 physicians and 1,750 of their patients will take part in the Demonstration Project over the next four years. Currently, Medicare policy limits coordinated care benefits, such as disease management, only to those enrolled in Medicare + Choice plans. The goal of the Demonstration Project is to show that disease management can effectively deliver health benefits without increasing net cost to the Medicare program. Participating physicians will direct the plan of care for beneficiaries in CorSolutions' disease management program. "The Coordinated Care Demonstration Project initiative illustrates how the government effectively focuses on improving the quality of care for its Medicare participants," said Richard Vance M.D., President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. for CorSolutions. "CorSolutions' ability to bring tailored solutions to multiple government clients allows us to offer Medicare participants a more complete platform of care management services. We are confident this approach will have a positive impact on the quality of care, improved access to services and the reduction of the overall cost of care." A reception for the 100 Houston physicians participating in the Demonstration Project will take place on May 31, 2002 at the Doctors' Club of Houston. The keynote keynote /key·note/ (ke´not) in homeopathy, the characteristic property of a drug that indicates its use in treating a similar symptom of disease. speaker, David Kreiss, Special Assistant to the Administrator of CMS, will address the future of disease management in Medicare. Additional speakers include CorSolutions' Richard Vance, M.D. and Robert DeBusk, M.D., Principal Investigator Noun 1. principal investigator - the scientist in charge of an experiment or research project PI scientist - a person with advanced knowledge of one or more sciences of CorSolutions' Coordinated Care Demonstration. About CorSolutions Founded in 1994, CorSolutions Medical, Inc. is the nation's leading customer-centric health intelligence and solutions company. The company provides a full complement of health-enhancement programs from prevention and wellness to long-term chronic care for more than 315,000 program participants. CorSolutions' intelligence-based approach integrates data analysis, risk assessment and advanced predictive modeling to provide its customers with a complete understanding of current and potential healthcare expenditures and provides solutions that help to manage the risk of those expenditures. Using the exclusive MULTIFIT(SM) approach of physician-directed, nurse-mediated, patient-managed care, CorSolutions consistently delivers healthcare solutions that result in measurable clinical improvements and significant cost-savings for its customers. For more information, visit the company's corporate Web site at www.corsolutions.com. SOURCE: CorSolutions Medical Inc. |
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